FUEL prices went up Tuesday for the second straight week.
Pump prices increase for 2nd straight week
The per-liter price of gasoline increased by 70 centavos, diesel by P1, and kerosene by 70 centavos.
The increase was attributed by sources in the local oil industry to oil-related global developments, specifically concerns of supply disruptions after Russia and Ukraine intensified their attacks on each other’s energy infrastructure, the possible impact on supply flows and global economy of the new US tariffs on India, signals from US Federal Reserve of an interest rate cut, and a large drawdown in US crude and fuel inventories.
Last week, pump prices of gasoline went up by 70 centavos, diesel by 50 centavos, and kerosene by 30 centavos.
Since January, the price of gasoline has risen by P12.80 per liter, diesel by P13.35 per liter, and kerosene by P2.75 per liter., This news data comes from:http://brjl-bihc-pvi-vu.xs888999.com
- Indonesia, US and allies launch joint military drills
- South Africa's most vulnerable struggle to find HIV medication after US aid cuts
- Puno seeks probe of anomalous projects ‘funders’
- House bill seeks to regulate AI use
- Pagasa monitors LPA off Cavite, may still become tropical depression
- Modi: India, Japan to 'shape the Asian century'
- Gasoline, diesel prices to increase again next week
- Trump plans a hefty tax on imported drugs, risking higher prices and shortages
- Harold Cabreros takes post as new OCD chief
- Globe partners with unconnected.org to provide remote schools with sustainable internet connectivity
